how-does-the-imposition-of-a-tariff-affect-the-total-surplus-in-an-economy

Question

How does the imposition of a tariff affect the total surplus in an economy?

Accepted Answer

It decreases total surplus due to the creation of deadweight loss.

Answer

It has no effect on total surplus.

Answer

It increases total surplus by increasing producer surplus.

Answer

It increases total surplus by increasing government revenue.